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KHI sells its stake in Four Seasons.
Friday, 15th May 2009
Source : HVS International
Kingdom Hotel Investments has completed the sale of its minority interest - a stake of close to 40% - in the Four Seasons Resort Sharm El Sheikh for a cash sum of US$70 million.

The buyer is reported to be the Egyptian property developer Talaat Moustafa, which already held the remaining stake in the 200-room hotel.

www.hvs.com

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